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On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference and delivered a speech and answered questions at the "China Session." When asked about Chinas role in resolving regional conflicts, particularly the Ukraine issue, Wang Yi stated that Chinas position is clear: all regional hotspots should seek political solutions through dialogue and consultation, and the same applies to the Ukraine issue. However, China is not a party to the conflict, and the decision-making power is not in Chinas hands. What we can do is to promote peace talks. We have dispatched special envoys to mediate and, through various channels, emphasized to all parties that a ceasefire should be implemented as soon as possible, and that everyone should return to the negotiating table.On February 14, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference, delivered a speech at the "China Session," and answered questions from the audience. Wang Yi emphasized that the erroneous remarks by Japanese leaders on the Taiwan issue exposed Japans undying ambition to invade and colonize Taiwan and the lingering specter of reviving militarism. Japan launched its invasion of China and attacked Pearl Harbor under the pretext of a so-called "crisis and existential crisis." The lessons of history are still fresh and must be heeded. If Japan does not repent, it will inevitably repeat the same mistakes. Good people should be vigilant. First and foremost, the Japanese people must be reminded not to be blinded and coerced by far-right forces and extremist ideologies again. All peace-loving countries should also warn Japan: if it chooses to go back to its old ways, it will only lead to its own destruction.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We and our partners will use all policy tools at our disposal to continue to hold Russia accountable.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We further express our concern that Russia has not destroyed all of its chemical weapons.The United Kingdom, Sweden, France, Germany, and the Netherlands issued a joint statement regarding the death of Alexei Navalny.

S&P 500 Recovers to Show Signs of Life Again

Florala Chen

Jul 11, 2022 15:39

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The S&P 500 initially declined during the week but found sufficient support close to the 3750 level to rebound once again, exactly as it did the week before.

Weekly Technical Analysis for the S&P 500

The S&P 500 has seen another tumultuous week, but after initially falling, it is likely to finish up looking pretty favorable. This is a clear reference to what we had seen the week before, indicating that, if we can generate some kind of momentum, we still have a long way to go. That just indicates that we are overdue for a rebound; it doesn't imply that the trend has altered. At this point, I believe that the market may very likely attempt to test the 4000 level before turning aggressively for the 4200 level.


Having said that, a market break over the 4200 level would be a significant development, demonstrating tremendous momentum and maybe indicating that the market was prepared to alter the general direction. On the other side, if we were to reverse course and break below the 3650 level, it's probable that the market might crash. There are many inflationary worries out there, and profit projections are also expected to be revised downward, so I believe there is still a lot of noise above that might be problematic.


You can see from this chart that there has been a substantial retreat over the last several months, but it seems that we are attempting to take a small position in this space. There are many uncertainties on whether or not the Federal Reserve would tighten monetary policy as forcefully as previously believed, which naturally leads to many uncertainties.

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